Saudi Investors Acquire Crowd Analyzer to Boost Innovation and Expand Data Analysis Markets
A group of Saudi investors in the technology and financial sectors has acquired Crowd Analyzer, a leading company specializing in AI-powered data analysis, without disclosing the deal’s value.
Founded in 2013 in the United Arab Emirates, Crowd Analyzer expanded its operations to Saudi Arabia and Egypt in 2017. The company is known for its specialized platform that monitors and analyzes social media content in Arabic, using natural language processing algorithms to evaluate content based on relevance, tone, and sentiment.
According to the company’s statement, the acquisition aims to enable Crowd Analyzer to expand into new markets and develop a broader range of data analysis and computational insights products, beyond just monitoring social media. The company also seeks to integrate new data sources and develop advanced analytical features, leveraging cutting-edge AI technologies and the investment group’s expertise in scaling tech companies.
Ahmed Saad, CEO of Crowd Analyzer, stated that the company would utilize the new resources to enhance its services and develop innovative solutions that support business growth in the Kingdom. He added, “With the resources available to us, we can enhance our services specifically tailored for businesses across Saudi Arabia.”
Abdullah Al-Tuwaijri, the official spokesperson for the investment group, commented, “Crowd Analyzer’s growth and innovation potential make it an attractive investment. The company’s innovative AI technology and focus on the Arabic language align perfectly with our vision of empowering high-growth tech companies in the region. We believe the acquisition will accelerate the company’s expansion and development of a broader range of data solutions, ultimately benefiting businesses throughout the Kingdom.”
Post-acquisition, Crowd Analyzer is well-positioned to offer advanced data analysis solutions to Saudi companies, enhancing their competitiveness and innovation in a growing market.
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